Over a year ago, we tried to buy a building near the (Indiana Memorial Union) that has been vacant for some time. We were just told that it was going to be used for education, which is great, but it still hasn't been touched. |
Pay off cards with low balances. This will create some breathing room in the budget that may be needed to keep up with the higher minimums on your other credit cards. |
Pay your bills on time, and pay your debt down over time. Together, those factors account for 65 percent of your credit score. |
Shop around, since there's no need to pay some of these fees when the bank across the street doesn't charge them. Also look for free non-interest checking, not an account whose interest is a pittance and requires a higher balance and higher monthly service charge. |
Sometimes that difference between short-term rates and long-term rates expands and sometimes it narrows. That difference has narrowed in the last two years, which hampers banks' ability to profit from the difference. |
Stringing a car loan out is not healthy. Four years on an auto loan is normal. Seven years is not. Your loan shouldn't last longer than the car. |
That could really crimp consumer spending and hold back economic growth. |
That difference of roughly 1.5 percentage points is enough to generate $150 in interest income that you'd otherwise leave on the table with a $10,000 investment. |
That's quite the opposite of what it was six or 12 months ago when we were in a rising interest rate environment, ... At that time everyone was going with the shorter term so they could reinvest at a higher yield going forward. |
That's the $64,000 question. Seventy percent of economic output is tied to consumer spending. The idea is to raise rates enough to stave off inflation, but not so as to curtail spending. |
That's the pocketbook risk to the American consumer. |
That's where the payment pain is going to come for a lot of households. |
The account holder that occasionally bounces a check may catch a break, but the person who bounces more than once in awhile is really getting hit hard. |
The average homebuyer moves every seven to 10 years, |
The average homebuyer moves every seven to 10 years. |